Centiva Capital LP lessened its stake in shares of Medical Properties Trust, Inc. (NYSE:MPW - Free Report) by 62.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 192,027 shares of the real estate investment trust's stock after selling 313,493 shares during the quarter. Centiva Capital LP's holdings in Medical Properties Trust were worth $1,123,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently added to or reduced their stakes in MPW. Future Financial Wealth Managment LLC bought a new stake in shares of Medical Properties Trust in the 3rd quarter worth $29,000. Truvestments Capital LLC bought a new stake in Medical Properties Trust in the third quarter worth about $31,000. GAMMA Investing LLC lifted its holdings in Medical Properties Trust by 107.3% in the 3rd quarter. GAMMA Investing LLC now owns 6,077 shares of the real estate investment trust's stock valued at $36,000 after acquiring an additional 3,145 shares during the last quarter. Iron Horse Wealth Management LLC boosted its position in shares of Medical Properties Trust by 166.7% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 8,000 shares of the real estate investment trust's stock valued at $34,000 after purchasing an additional 5,000 shares in the last quarter. Finally, Wealthstream Advisors Inc. bought a new stake in shares of Medical Properties Trust in the 3rd quarter worth approximately $60,000. 71.79% of the stock is currently owned by institutional investors and hedge funds.
Medical Properties Trust Stock Performance
Medical Properties Trust stock traded down $0.06 on Thursday, hitting $4.15. The company's stock had a trading volume of 8,962,005 shares, compared to its average volume of 16,498,068. The company has a fifty day moving average price of $4.76 and a 200-day moving average price of $4.86. The firm has a market cap of $2.49 billion, a P/E ratio of -1.00, a price-to-earnings-growth ratio of 0.65 and a beta of 1.29. Medical Properties Trust, Inc. has a one year low of $2.92 and a one year high of $6.55. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 1.69.
Medical Properties Trust Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, January 9th. Stockholders of record on Thursday, December 12th will be issued a $0.08 dividend. The ex-dividend date is Thursday, December 12th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 7.72%. Medical Properties Trust's payout ratio is presently -7.58%.
Analyst Ratings Changes
Several research analysts have issued reports on the stock. Wolfe Research upgraded shares of Medical Properties Trust to a "hold" rating in a research report on Monday, September 23rd. Mizuho cut their price objective on Medical Properties Trust from $6.00 to $5.00 and set a "neutral" rating for the company in a report on Thursday. Colliers Securities raised shares of Medical Properties Trust from a "neutral" rating to a "buy" rating and set a $6.50 target price on the stock in a research report on Friday, September 13th. Finally, Truist Financial lifted their target price on shares of Medical Properties Trust from $5.00 to $6.00 and gave the stock a "hold" rating in a report on Friday, September 13th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, Medical Properties Trust presently has a consensus rating of "Hold" and an average price target of $5.25.
View Our Latest Report on Medical Properties Trust
Insider Buying and Selling
In other news, Director Michael G. Stewart sold 32,780 shares of Medical Properties Trust stock in a transaction that occurred on Wednesday, October 9th. The shares were sold at an average price of $5.46, for a total value of $178,978.80. Following the completion of the transaction, the director now owns 221,245 shares in the company, valued at approximately $1,207,997.70. The trade was a 12.90 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Elizabeth N. Pitman purchased 8,087 shares of the firm's stock in a transaction that occurred on Wednesday, September 18th. The shares were acquired at an average price of $6.01 per share, for a total transaction of $48,602.87. Following the completion of the transaction, the director now owns 76,740 shares in the company, valued at $461,207.40. The trade was a 11.78 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 1.53% of the stock is owned by corporate insiders.
Medical Properties Trust Company Profile
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Free Report)
Medical Properties Trust, Inc is a self-advised real estate investment trust formed in 2003 to acquire and develop net-leased hospital facilities. From its inception in Birmingham, Alabama, the Company has grown to become one of the world's largest owners of hospital real estate with 441 facilities and approximately 44,000 licensed beds as of September 30, 2023.
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